Leading German Economist Higher Inflation 'Would Not be a Disaster'

In a SPIEGEL interview, Peter Bofinger, a prominent economic adviser to the German government, argues that the country could handle higher inflation. Rising prices in Europe's biggest economy could put crisis-stricken neighbors on the road to recovery, he says.
Germany has a history-inspired fear of inflation -- but a prominent economic adviser argues that higher prices at home could help foster euro-zone recovery.

Germany has a history-inspired fear of inflation -- but a prominent economic adviser argues that higher prices at home could help foster euro-zone recovery.

Foto: dapd
Interview conducted by Sven Böll